Ron's got a good point. There is something to be said for the conservative approach to protection of capital. But the flip-side can hurt too, as I learned through Oilex a couple of years back. I sold 100k shares each day as it just kept doubling above my purchase price. It seemed prudent at the time and I guess it was. But it ended up going up six-fold.
Nowadays I still look back at those trades with great fondness but a little, greedy part of me still rankles at the 100 grand foregone.
That said, I'll probably follow the same conservative path with GDN once a few depth targets have been drilled and hope to sell enough to be free-carried on the remainder. In my experience one's capital can be halved much more easily than it can be doubled.
Luck to all. Whoa! 29 cents now!
Gupper
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